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Cardano Ecosystem

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01/12/2022

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Why CARDAO chose Cardano?

The blockchain for reserve currency

Why CARDAO chose Cardano?


The blockchain for reserve currency


Figure 1. How reserve currencies have evolved over 120 years [3].


Figure 2. Mean value of transaction fee on network (Ethereum vs Cardano) [7].

Can Cardano Be an Ethereum Killer?


Table 1. Comparison of PoW and PoS.


Figure 3. Comparison of tx counts for the same energy.


Figure 4. Figure from the Ouroboros paper. Gray circle is from adversarial block producers and the double-lined white circle is from honest producers [9].


Figure 5. The brief description for Hydra on Cardano.

Development on Cardano


Figure 6. Github of IOHK.


Figure 7. Haskell.

Cardano’s potential


Figure 8. Cardano was the most developed in 2021 on github (Source: Sanbase)


Figure 9. Mined Cardano Blocks vs Active Ada Staked to Validators


Figure 10. Cardano’s monthly transaction fee.



Figure 11. Cardano’s active addresses & transactions in until 2021 (source: intotheblock).

Closing The Post

Reference

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